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Luna Innovations (FRA:LRD) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 02, 2024)


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What is Luna Innovations 5-Year Yield-on-Cost %?

Luna Innovations's yield on cost for the quarter that ended in Sep. 2023 was 0.00.


The historical rank and industry rank for Luna Innovations's 5-Year Yield-on-Cost % or its related term are showing as below:



FRA:LRD's 5-Year Yield-on-Cost % is not ranked *
in the Hardware industry.
Industry Median: 2.63
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Luna Innovations's 5-Year Yield-on-Cost %

For the Scientific & Technical Instruments subindustry, Luna Innovations's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Luna Innovations's 5-Year Yield-on-Cost % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Luna Innovations's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Luna Innovations's 5-Year Yield-on-Cost % falls into.



Luna Innovations 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Luna Innovations is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Luna Innovations  (FRA:LRD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Luna Innovations 5-Year Yield-on-Cost % Related Terms

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Luna Innovations (FRA:LRD) Business Description

Traded in Other Exchanges
Address
301 1st Street South West, Suite 200, Roanoke, VA, USA, 24011
Luna Innovations Inc is engaged in optical technology, providing high-performance fiber optic test, measurement, and control products for the telecommunications, and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, oil, and gas, security, and infrastructure. Its Lightwave segment develops, manufactures, and markets optical measurements technologies like Sensing including short, medium, and long-range distributed fiber optic sensing solutions and Terahertz measurement products, and Communications test and photonic control including test equipment for communications devices and networks and specialty laser and photonic components. It derives a majority of its revenue from the U.S.

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